A foreign-trade zone is a dedicated area where goods can land, be
repackaged, modified, manipulated, relabeled, manufactured further and
re-exported without customs authorities stepping in. An FTZ is
especially beneficial to firms that import components in order to manufacture finished products for export.
But how do you establish a foreign trade zone (FTZ)?
The Global Small Business Blog (GSBB) was founded on July 20, 2004 by Laurel Delaney (pictured) for the purpose of helping entrepreneurs and small businesses expand their businesses internationally. It is ranked No. 1 in the world for entrepreneurs and small businesses interested in going global. Learn more about Laureland visit her company GlobeTrade.com.